Disclosure Regarding the Warrants | 15/12/2011

2 pcs Intermediary Institution Warrants to be issued by Türkiye Sınai Kalkınma Bankası will be started through the sales to be performed by Warrants Market under the Istanbul Stock Exchange Corporate Products Market on December 15th 2011. Initial sale prices determined for TSKB US Dollars – Turkish Lira Foreign Currency Buying Intermediary Institution Warrant (short code: USTAB) and TSKB US Dollars – Turkish Lira Foreign Currency Selling Intermediary Institution Warrant (short code: USTPR) to be issued are provided in the following table:

Initial sale prices will be applicable only for the very first moment that the warrants will be put on the market to be transacted for the first time. Being transacted for the duration of the session for the initial price is not applicable. Warrant issuance prices shall be varied continuously according to the market conditions. Detailed explanations about development of the sale prices have been provided in the Paragraph 3.4. of the relevant circular.